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Property profile & analytics
OFF-MARKET
Land

8502 Spencer Hwy La Porte, TX 77571

Property ID
Property summary
AI-generated overview

This exceptional 25,875 square foot commercial land parcel, located at 8502 Spencer Hwy, La Porte, TX 77571 (APN: 1021760000053), presents a prime opportunity for retail development. Priced at $545,000, this property offers significant advantages for investors seeking high-visibility locations. Situated directly adjacent to a thriving Popeyes restaurant and conveniently located near a major thoroughfare, this site benefits from substantial existing consumer traffic. All utilities are already on-site, eliminating significant upfront development costs. An established parking lot and existing light poles further enhance the property's immediate usability. A fully equipped dumpster enclosure is also in place, streamlining the transition for new businesses. The property's proximity to San Jacinto Community College adds to its appeal, providing a consistent flow of potential customers. This ready-to-develop pad site is ideal for a variety of retail uses and promises a strong return on investment. Don't miss this chance to acquire a highly desirable commercial property in a thriving Texas community.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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